TN · BLS OEWS 2024 · SOC 13-2072

Loan Officers Salary in Tennessee

Median Annual Salary $63,160 -15% below national average (national: $74,180)
$73,980Mean Annual
$30Median Hourly
7,610Employed in State

Salary Range — 10th to 90th Percentile

$63,160
$38,330
10th pct.
$117,820
90th pct.

Full Percentile Breakdown

PercentileAnnual WageHourly Wage
10th percentile (entry-level)$38,330$18.43
25th percentile$48,470$23.30
50th percentile (median)$63,160$30.36
75th percentile$87,110$41.88
90th percentile (top earners)$117,820$56.64
Mean (average)$73,980$35.57

How Tennessee Compares

StateMedian Annualvs. Tennessee
Tennessee (current) $63,160
District of Columbia $102,200 +62%
New York $98,940 +57%
New Jersey $95,090 +51%
Massachusetts $93,430 +48%
Vermont $86,490 +37%
Minnesota $84,480 +34%
North Dakota $82,990 +31%
Kansas $82,540 +31%

Showing top-paying states with available data. View all states →

Related Occupations in Tennessee

OccupationMedian AnnualEmployment
First-Line Supervisors of Production and Operating Workers $63,140 18,810
Postal Service Clerks $63,270 1,340
Physical Therapist Assistants $62,920 3,140
Producers and Directors $63,410 1,850
Brickmasons and Blockmasons $63,440 1,080
Industrial Machinery Mechanics $62,830 10,100

Frequently Asked Questions

What is the average Loan Officers salary in Tennessee?

The mean loan officers salary in Tennessee is $73,980 per year. The median (middle) salary is $63,160 per year. Source: BLS OEWS 2024.

What is the starting salary for a Loan Officers in Tennessee?

Entry-level loan officerss (10th percentile) in Tennessee typically earn around $38,330 per year. Workers at the 25th percentile earn approximately $48,470 per year.

What is the highest Loan Officers salary in Tennessee?

Top earners (90th percentile) in this occupation in Tennessee make approximately $117,820 per year. Those in the 75th percentile earn around $87,110 per year.

How does the Tennessee Loan Officers salary compare to the national average?

The median loan officers salary in Tennessee is $63,160, which is -15% below national average of $74,180.

Data Source: This data is sourced from the U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS) program, May 2024 release. All wages are estimates. Actual salaries may vary based on experience, education, employer, and other factors. bls.gov/oes